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IT Department says BBC must file revised tax returns, settling all outstanding dues

IT Department says BBC must file revised tax returns, settling all outstanding dues

Income-Tax Department demanded BBC file revised tax returns and settle outstanding dues following the broadcaster's informal acknowledgement of underreported income, signalling action against alleged tax evasion.

6 Jun 2023 11:55 AM GMT

Common IT Return forms proposed by CBDT; aims at simplifying process

Common IT Return forms proposed by CBDT; aims at simplifying process

2 Nov 2022 4:51 AM GMT

No gift tax on transfer of shares in PSUs under strategic disinvestment

No gift tax on transfer of shares in PSUs under strategic disinvestment

New Delhi: The government has decided to exempt investors picking up state's equity shares under the strategic...

14 Sep 2021 9:53 AM GMT

PSUs may carry forward accumulated losses prior to disinvestment: CBDT

PSUs may carry forward accumulated losses prior to disinvestment: CBDT

In order to make disinvestment deals of ailing state-owned firms more attractive for strategic investors, the government...

11 Sep 2021 12:37 PM GMT

CBDT extends deadline for making payment under Vivad se Vishwas scheme to Sept 30

CBDT extends deadline for making payment under Vivad se Vishwas scheme to Sept 30

New Delhi: Considering requests from taxpayers, tax consultants and several other stakeholders, the Central Board of...

29 Aug 2021 12:28 PM GMT

Chinese Hawala Scam: ED Registers Money Laundering Case

Chinese Hawala Scam: ED Registers Money Laundering Case

The financial probe agency action comes days after the Income Tax department on August 11 mounted a search at various...

18 Aug 2020 6:19 AM GMT